Detailed Single Year Tables

Description of Proposed Provision:
Starting December 2014, add 1 percentage point to the annual COLA for beneficiaries who have lived past a specified age. The specified age is the sum of: (1) 65 and (2) the unisex cohort life expectancy at age 65.

&nbsp

Financial Estimates for the OASDI Trust Fund Program

&nbsp

&nbsp

Proposal

&nbsp

Change from Present Law

&nbsp

Expressed as a percentage of present-law taxable payroll

Trust fund ratio as of January 1

Expressed as a percentage ofpresent-law taxable payroll

Calendaryear

Costrate

Incomerate

Annualbalance

Costrate

Incomerate

Annualbalance

2013

13.95

12.69

-1.26

330

0.00

0.00

0.00

2014

14.05

12.83

-1.22

315

0.02

0.00

-0.02

2015

14.00

12.87

-1.13

300

0.03

0.00

-0.03

2016

13.95

12.88

-1.06

285

0.04

0.00

-0.04

2017

13.93

12.90

-1.02

270

0.05

0.00

-0.04

2018

13.96

12.93

-1.03

256

0.05

0.00

-0.05

2019

14.11

12.95

-1.16

242

0.06

0.00

-0.05

2020

14.32

12.97

-1.35

228

0.06

0.00

-0.06

2021

14.51

13.00

-1.51

215

0.07

0.00

-0.06

2022

14.77

13.03

-1.74

200

0.07

0.00

-0.07

2023

15.04

13.05

-2.00

185

0.07

0.00

-0.07

2024

15.30

13.06

-2.24

170

0.08

0.00

-0.07

2025

15.55

13.07

-2.48

154

0.08

0.00

-0.07

2026

15.79

13.09

-2.70

137

0.08

0.00

-0.08

2027

16.01

13.10

-2.91

120

0.08

0.00

-0.08

2028

16.22

13.11

-3.10

102

0.08

0.00

-0.08

2029

16.41

13.13

-3.28

84

0.08

0.00

-0.08

2030

16.58

13.14

-3.44

65

0.08

0.00

-0.08

2031

16.72

13.15

-3.57

45

0.09

0.00

-0.08

2032

16.84

13.15

-3.69

25

0.09

0.00

-0.08

2033

16.95

13.16

-3.79

3

0.09

0.00

-0.09

2034

17.03

13.17

-3.86

----

0.09

0.00

-0.09

2035

17.08

13.17

-3.91

----

0.10

0.00

-0.09

2036

17.11

13.17

-3.94

----

0.10

0.01

-0.09

2037

17.13

13.18

-3.95

----

0.10

0.01

-0.10

2038

17.12

13.18

-3.95

----

0.11

0.01

-0.10

2039

17.10

13.18

-3.92

----

0.11

0.01

-0.10

2040

17.08

13.18

-3.90

----

0.11

0.01

-0.11

2041

17.04

13.18

-3.87

----

0.11

0.01

-0.11

2042

17.01

13.18

-3.83

----

0.11

0.01

-0.11

2043

16.98

13.17

-3.80

----

0.12

0.01

-0.11

2044

16.96

13.17

-3.78

----

0.12

0.01

-0.11

2045

16.94

13.17

-3.77

----

0.12

0.01

-0.11

2046

16.94

13.18

-3.76

----

0.12

0.01

-0.11

2047

16.93

13.18

-3.75

----

0.12

0.01

-0.11

2048

16.91

13.18

-3.74

----

0.12

0.01

-0.11

2049

16.91

13.18

-3.73

----

0.12

0.01

-0.12

2050

16.91

13.18

-3.73

----

0.12

0.01

-0.12

2051

16.92

13.18

-3.74

----

0.12

0.01

-0.12

2052

16.93

13.18

-3.75

----

0.12

0.01

-0.12

2053

16.96

13.18

-3.78

----

0.12

0.01

-0.12

2054

16.99

13.18

-3.81

----

0.12

0.01

-0.12

2055

17.04

13.19

-3.85

----

0.12

0.01

-0.12

2056

17.08

13.19

-3.89

----

0.12

0.01

-0.12

2057

17.13

13.19

-3.94

----

0.12

0.01

-0.12

2058

17.17

13.20

-3.98

----

0.12

0.01

-0.12

2059

17.22

13.20

-4.02

----

0.12

0.01

-0.12

2060

17.26

13.20

-4.06

----

0.12

0.01

-0.12

2061

17.31

13.20

-4.10

----

0.12

0.01

-0.11

2062

17.34

13.21

-4.14

----

0.12

0.01

-0.11

2063

17.38

13.21

-4.18

----

0.11

0.01

-0.11

2064

17.42

13.21

-4.21

----

0.11

0.01

-0.11

2065

17.47

13.21

-4.25

----

0.11

0.01

-0.10

2066

17.51

13.22

-4.30

----

0.11

0.01

-0.10

2067

17.56

13.22

-4.34

----

0.11

0.01

-0.10

2068

17.60

13.22

-4.38

----

0.11

0.01

-0.10

2069

17.65

13.22

-4.42

----

0.11

0.01

-0.10

2070

17.69

13.23

-4.46

----

0.11

0.01

-0.10

2071

17.73

13.23

-4.50

----

0.11

0.01

-0.10

2072

17.76

13.23

-4.53

----

0.11

0.01

-0.10

2073

17.79

13.23

-4.56

----

0.11

0.01

-0.10

2074

17.81

13.23

-4.58

----

0.11

0.01

-0.10

2075

17.83

13.24

-4.60

----

0.11

0.01

-0.11

2076

17.84

13.24

-4.61

----

0.11

0.01

-0.11

2077

17.85

13.24

-4.61

----

0.11

0.01

-0.11

2078

17.86

13.24

-4.62

----

0.12

0.01

-0.11

2079

17.87

13.24

-4.63

----

0.12

0.01

-0.11

2080

17.88

13.24

-4.64

----

0.12

0.01

-0.11

2081

17.89

13.24

-4.65

----

0.12

0.01

-0.11

2082

17.92

13.24

-4.68

----

0.12

0.01

-0.11

2083

17.95

13.24

-4.71

----

0.11

0.01

-0.11

2084

17.98

13.24

-4.74

----

0.11

0.01

-0.11

2085

18.03

13.25

-4.78

----

0.11

0.01

-0.11

2086

18.07

13.25

-4.83

----

0.11

0.01

-0.11

2087

18.12

13.25

-4.87

----

0.11

0.01

-0.11

2088

18.18

13.25

-4.92

----

0.11

0.01

-0.10

&nbsp

Summarized Estimates

&nbsp

&nbsp

Proposal

&nbsp

Change from Present Law

Years

Costrate

Incomerate

Actuarialbalance

Year of reserve depletion1

Costrate

Incomerate

Actuarialbalance

Based on Intermediate Assumptions of the 2013 Trustees Report.

2013-2087

16.69%

13.88%

-2.81%

2033

0.10%

0.00%

-0.09%

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1 Under present law, the year of Trust
Fund reserve depletion is 2033.